🔴 Copper and Metals Mining ETF (ICOP) is trading 3.19% down on October 14, 2026, as hot CPI fuels rate concerns

ICOP is trading at $51.98, down 3.19%, as hotter September headline CPI revived concerns about higher rates for longer.

• September headline CPI was 3.7% year over year, versus 3.6% expected.
• Copper slipped 0.41% on October 14 after recent gains, pressuring the copper-mining sector. ICOP is concentrated in miners including Grupo México, Freeport-McMoRan, Anglo American, and BHP.
• Broader equities were mixed to lower, consistent with a risk-off backdrop.